Skip to Content

Income Statement

  Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update)
Net Sales 2,903.07 2,914.36 2,947.08 3,468.86 4,010.27
Revenue 2,903.07 2,914.36 2,947.08 3,468.86 4,010.27
Total Revenue 2,903.07 2,914.36 2,947.08 3,468.86 4,010.27
Cost of Revenue 1,442.51 1,569.34 1,631.68 2,228.53 2,634.97
Cost of Revenue, Total 1,442.51 1,569.34 1,631.68 2,228.53 2,634.97
Gross Profit 1,460.56 1,345.03 1,315.40 1,240.33 1,375.30
Selling/General/Administrative Expense 590.14 525.16 601.58 591.58 716.55
Labor & Related Expense 32.37 44.16 44.45 38.29 54.18
Advertising Expense 76.00 63.10 -- -- --
Selling/General/Administrative Expenses, Total 698.51 632.42 646.04 629.87 770.73
Research & Development 158.90 130.73 185.83 172.07 183.37
Litigation -19.05 11.21 13.81 185.99 23.95
Impairment-Assets Held for Use 120.34 526.08 916.94 1,154.38 3,781.17
Impairment-Assets Held for Sale -- -- -- 0.00 0.00
Other Unusual Expense (Income) 0.20 -172.29 -23.24 109.82 87.60
Unusual Expense (Income) 101.49 365.00 907.51 1,450.19 3,892.72
Total Operating Expense 2,401.41 2,697.49 3,371.05 4,480.66 7,481.79
Operating Income 501.66 216.87 -423.97 -1,011.80 -3,471.52
Interest Expense - Non-Operating -537.11 -558.68 -534.85 -494.69 -456.40
Interest Expense, Net Non-Operating -537.11 -558.68 -534.85 -494.69 -456.40
Interest Income, Non-Operating 4.17 19.95 13.19 6.47 3.72
Investment Income, Non-Operating -0.31 -7.59 0.32 1.90 -1.80
Interest/Investment Income, Non-Operating 3.86 12.35 13.51 8.37 1.92
Interest Income (Expense), Net Non-Operating -- -- -- -- --
Interest Income (Expense), Net-Non-Operating, Total -533.25 -546.33 -521.34 -486.33 -454.48
Other Non-Operating Income (Expense) 5.06 -15.45 6.48 15.12 2.14
Other, Net 5.06 -15.45 6.48 15.12 2.14
Net Income Before Taxes -26.52 -344.90 -938.83 -1,483.00 -3,923.86
Income Tax – Total -144.38 15.68 17.27 -214.08 -700.08
Income After Tax 117.87 -360.58 -956.10 -1,268.93 -3,223.77
Minority Interest -- -- 0.00 0.00 -0.02
Net Income Before Extraordinary Items 117.87 -360.58 -956.10 -1,268.93 -3,223.79
Discontinued Operations -63.52 -62.05 -69.70 -802.72 -123.28
Extraordinary Item 129.60 0.00 -5.66 36.22 --
Total Extraordinary Items 66.08 -62.05 -75.37 -766.51 -123.28
Net Income 183.94 -422.64 -1,031.47 -2,035.43 -3,347.07
Income Available to Common Excluding Extraordinary Items 117.87 -360.58 -956.10 -1,268.93 -3,223.79
Income Available to Common Stocks Including Extraordinary Items 183.94 -422.64 -1,031.47 -2,035.43 -3,347.07
Basic Weighted Average Shares 229.31 226.05 223.96 223.20 222.65
Basic EPS Excluding Extraordinary Items 0.51 -1.60 -4.27 -5.69 -14.48
Basic EPS Including Extraordinary Items 0.80 -1.87 -4.61 -9.12 -15.03
Dilution Adjustment -- -- -- -- --
Diluted Net Income 183.94 -422.64 -1,031.47 -2,035.43 -3,347.07
Diluted Weighted Average Shares 233.65 226.05 223.96 223.20 222.65
Diluted EPS Excluding Extraordinary Items 0.50 -1.60 -4.27 -5.69 -14.48
Diluted EPS Including Extraordinary Items 0.79 -1.87 -4.61 -9.12 -15.03
DPS - Common Stock Primary Issue -- -- -- -- --
Dividend per Share – Common Stock Issue 2 -- -- -- -- --
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00 0.00
Other Unusual Expense (Income), Supplemental 126.28 34.60 86.30 212.45 107.49
Non-Recurring Items, Total 126.28 34.60 86.30 212.45 107.49
Total Special Items 227.77 399.60 993.80 1,662.63 4,000.21
Normalized Income Before Taxes 201.26 54.69 54.97 179.63 76.35
Effect of Special Items on Income Taxes 79.72 139.86 347.83 581.92 1,400.07
Income Taxes Excluding Impact of Special Items -64.66 155.54 365.10 367.84 699.99
Normalized Income After Taxes 265.92 -100.85 -310.13 -188.21 -623.64
Normalized Income Available to Common 265.92 -100.85 -310.13 -188.21 -623.65
Basic Normalized EPS 1.16 -0.45 -1.38 -0.84 -2.80
Diluted Normalized EPS 1.14 -0.45 -1.38 -0.84 -2.80
Amortization of Intangibles, Supplemental 427.54 543.86 622.34 773.77 876.45
Depreciation, Supplemental 91.26 69.00 101.37 210.00 106.86
Interest Expense, Supplemental 537.11 558.68 534.85 494.69 456.40
Rental Expense, Supplemental 14.18 23.30 18.70 18.70 22.20
Stock-Based Compensation, Supplemental 41.36 59.14 54.07 50.15 59.77
Advertising Expense, Supplemental 76.00 63.10 49.60 42.00 47.90
Equity in Affiliates, Supplemental 2.16 -2.35 -3.44 -0.90 1.19
Minority Interest, Supplemental -- -- 0.00 0.00 -0.02
Research & Development Expense, Supplemental 158.90 130.73 185.83 172.07 183.37
Audit-Related Fees, Supplemental -- 6.64 7.78 -- 11.26
Audit-Related Fees -- 0.54 0.63 -- 0.01
Tax Fees, Supplemental -- 1.31 3.62 -- 2.35
All Other Fees Paid to Auditor, Supplemental -- 0.11 0.24 -- 0.01
Gross Margin 50.31 46.15 44.63 35.76 34.29
Operating Margin 17.28 7.44 -14.39 -29.17 -86.57
Pretax Margin -0.91 -11.83 -31.86 -42.75 -97.85
Effective Tax Rate -- -- -- -- --
Net Profit Margin 4.06 -12.37 -32.44 -36.58 -80.39
Normalized EBIT 729.44 616.47 569.83 650.84 528.69
Normalized EBITDA 1,248.24 1,229.33 1,293.54 1,634.60 1,512.00
Current Tax - Domestic -108.87 15.32 6.24 -86.48 18.37
Current Tax - Foreign -1.12 8.93 8.28 -6.46 9.50
Current Tax - Local -0.43 -3.00 2.86 -1.22 22.85
Current Tax - Total -110.42 21.24 17.38 -94.16 50.72
Deferred Tax - Domestic -13.81 -0.52 4.42 -88.47 -661.48
Deferred Tax - Foreign -8.37 -4.56 -3.75 -3.23 -0.24
Deferred Tax - Local -11.77 -0.48 -0.78 -28.22 -83.62
Deferred Tax - Total -33.96 -5.56 -0.11 -119.91 -745.34
Other Tax -- -- -- 0.00 -5.46
Income Tax - Total -144.38 15.68 17.27 -214.08 -700.08
Defined Contribution Expense - Domestic 7.60 7.40 6.40 9.40 11.50
Total Pension Expense 7.60 7.40 6.40 9.40 11.50

In millions of USD (except for per share items)